There was a lot of little tracts of west Texas desert land that used to be added to deed swaps to make the valuations work out back in the day.The reason for a 1031 in this situation is that it provides crystal clear direction and documentation. 

I see a tremendous advantage to getting deals by buying with cash now since we have it, as well as making sure we do not end up underwater on a mortgage due to unforseen expenses as we are new to the STR game.

I would recommend obtaining a purchase/renovation loan, which would provide you with the funds to purchase the property and pay for the renovations.

Are there any banks/lenders which would provide some incentives on closing cost and give good interest rates?

If you integrate directly with Airbnb and don’t use a PMS you’re behind the game.

  - There are a lot of good folks on BP who have been in the game a long time and can vouch for different QIsAs for your DIY model: you can't do 99% of exchanges on your own, the IRS won't let you. 

My philosophy is very simple: never sell a property unless you can (a) put the money into something that provides a better return or (b) it moves you closer to your goal.3.

If the neighbor were to take a further action, then your title insurance may well provide coverage for you. 

Looking for some new action and help ( if anyone has some experience and is interested in learning the rental game)My interests:Finding someone local to potentially set up short term rentals and managing themFinding someone local to manage maintenance on 100 property rental portfolio in Stark CountyFinding someone local with experience in the wholesale game to identify and lock down deals Finding someone local to work as a property management assistant Finding new deals (rentals, flips, re-sales)Finding people to drink cocktails with and talk real estate and sports Identifying buyers interested in purchasing rental properties in Canton Ohio that are rehabbed , city inspected and up to code with renters. $100k per property , $750 avg monthly rent ( ability to raise up to $1000) 

You're supposed to provide 2 months bank statements but it will only allow you to upload one!